Law360, New York (November 13, 2009) -- A federal judge has stayed further accrual of sanctions imposed against Olevia International Group LLC in 2008 for failing to pay a $55 million judgment in a lawsuit accusing it of defaulting on a deal to acquire assets from defunct TV maker Syntax-Brillian Corp.
Judge Brendan L. Shannon, of the U.S. Bankruptcy Court for the District of Delaware, ruled Wednesday that Olevia — a company created by Syntax-Brillian's Taiwanese supplier TCV Group to acquire...
